sachinlanke

INFOSYS Bullish Trend is underway

Long
sachinlanke Updated   
NSE:INFY   INFOSYS LTD
Double Bottom has been formed on daily charts of Infosys hinting a bullish trend in coming days. Weekly trend is also UP.

But in short term, a bearish divergence is formed which can lead to a small correction/sideways movement in coming days and then it may continue it's long term bullish trend .

Buy is suggested post correction.
Comment: Bullish reversal has taken place last week.

Targets for this week are

Target-1 = 1050
Target-2 = 1065

Stoploss = 995
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